Jim Cramer Explains Why Under Armour Is Underperforming

Under Armour (UA) - Get Report is making some good moves, but right now Nike (NKE) - Get Report and Adidas have momentum said TheStreet's (TST) - Get Report Jim Cramer. Under Armour is promoting Stephen Curry on a tour of China and Cramer believes that Curry is indeed 'the future'. That said, Curry's Golden State Warriors squad lost to Cleveland and LeBron James in the NBA Finals and this is helping give Nike a boost at least in the short run. And Cramer said Nike remains a very sharp and cost conscious competitor.

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.